Why is One Mobikwik falling/rising?

As of 24-Sep, One Mobikwik Systems Ltd is experiencing a decline in its stock price, currently at 276.95, reflecting a decrease of 11.15 points or 3.87%. The stock has underperformed its sector by 3.78% today and has been on a downward trend for the last two days, accumulating a total loss of 6.02% during this period. Additionally, the stock's performance over the past week shows a significant decline of 7.25%, while it has seen a modest increase of 20.97% over the past month. However, the company has reported negative results for the last three consecutive quarters, with operating losses and a substantial fall in net sales, which has contributed to its weak long-term fundamental strength. The increase in institutional investor participation, which has risen by 3.37%, may provide some support, but the overall negative financial performance and risky trading conditions overshadow this positive aspect.
Broader market context indicates that while the Sensex has only declined by 1.18% over the past week, One Mobikwik's performance has been significantly worse, highlighting its struggles relative to the broader market. The stock's year-to-date performance shows a staggering decline of 52.81%, contrasting sharply with the Sensex's modest gain of 4.58%. This stark difference underscores the challenges One Mobikwik faces in regaining investor confidence amidst ongoing operational losses and declining sales figures, which are critical factors influencing its current stock price movement.